AMA with Arjay

All right, this is James Pelton and I am here with RJ or 0xRJ is his name and I appreciate you joining me here today as we kind of wait for the audience to hop on. If you could please hit the like button. If you want to share this like on Twitter or whatever that would be just great. Cryptotube says is anyone else getting sick of AMAs and the answer is no. Daniel says no especially when my money is involved and so I'm kind of trying to move my channel more to live AMAs and then my recorded videos are more just like presentations because I love to get the audience involved and things like that. So please do hit the like button. If you have questions as we go or topics that you want us to discuss, ask them and we'll get to what we can here. So RJ, thanks for hopping on. Appreciate you reaching out and for getting on here. Do you want to start by just introducing yourself and give a little bit of your background? I really don't know much about you at all. I've seen a couple of your videos but let's kind of start there. Yeah, not at all. So thank you for having me. My name is RJ. I used to be, my background is in engineering and technology. It's about 15 years and somewhere around like 2017, I kind of started wanting to break away from corporate America and kind of just have more free time to spend with people I want to hang out with either friends or family and so I started really getting in investing and real estate and stuff like that and eventually I ended up landing myself in crypto last year when I got dogecoin around when it was like starting around like three or four cents. It started hitting just mainstream media so I had just purchased some dogecoin because I was like I feel so late to the game of crypto. Bitcoin was popping off and I was like I'm just so late but I want to get in just get my feet wet kind of thing and purchase some dogecoin. I bought maybe $500 a thousand's worth and at three cents and when I saw it go all the way to 90 cents it was the craziest thing I've ever like witnessed. I was so hyped. Everyone was going crazy. Unlimited memes here and there and then I ended up finding another project called SafeMoon and I kind of got invested in that and eventually come near November I ended up someone told me about Drip and StrongBlock and when I looked at Drip at the first time I was like oh this this doesn't look like something that would fit my style. I mean at my at the current state at November I was like for all I knew crypto was a buy and hold where you purchase something that you believe in and that eventually it would moon and make you multi-millionaires because we heard the story so many times. Never did I think that there was another space in crypto in DeFi that had passive income plays. It just blew my mind. It opened my mind. So I started doing some heavy heavy research. I'm talking immerse myself in this new world called passive income plays around November. Did research on StrongBlock. Saw the lives. It was changing. I was like I need to get in on StrongBlock. So I started so I purchased my first node around December and then the rest the rest is history man. It really did open my mind. It opened my eyes to the possibility of this DeFi space and it's crazy to have these types of conversations with your normal friends with your normal family because they just don't understand. Mine don't right. That's why I love talking shop with other content creators and other DeFi enthusiasts because they understand when you start saying hey I'm a farmer on the DeFi space they're like what are you talking about. So that that's that's pretty much my background man in a nutshell. Started with engineering and then got on the Dogecoin and then on a project and then it led me to passive income play. Okay so we have a kind of similar story. Did you sell Dogecoin when it went way up? I did not. I thought I was one of those people I was like this is gonna go ballistic and to the moon my $500. I saw it when when my $500 standard turned into like I want to say I saw my first comma in there so it was like a thousand. I was like this is crazy. And so I didn't sell at its all-time high. I was really enthusiastic about it but somewhere in eventually in there I did sell around the 30 40 cent mark. So purchasing it at three cents I still made a really really good profit margin on it but I wanted to really allocate my funds on things that I really started to believe in and projects I believed in. So Dogecoin got my feet in the door so I will forever be grateful for Dogecoin. It'll have a special place in my heart but I started seeing other projects out there that really had potential to change lives right. Passive income plays really wealth generating plays so I did sell Dogecoin yes. Okay yeah so I'm curious where do you feel like we're at in the market like do you feel like it seems like people are having a really hard time making money like just projects are falling apart left and right. Do you think it's possible to make money in DeFi right now. You know what's your take on where the market's at. Yeah absolutely it's I just released a video on it talking about it because I saw Crypto Casey release a video about you know how millionaires are made in bear markets. And my investing style really did come from value style investing which is the same style as Warren Buffett and Charlie Munger. Yes I understand they're really not advocates of the crypto space but their their teachings and their strategies can still be applied in crypto which is finding a project or a company that you really like and you believe in and you believe in the leadership and making sure that this is a company that just won't that that'll be around for for a while. And so I believe that wealth transfer and millionaires really is created in bear markets in markets like these market conditions like this where it's really bloody it's really red there's a lot of fear in the market. And one of the one of the conversations I say all the time and one of the things that the compasses I use is Warren Buffett saying where he says be fearful when others are greedy and be greedy when others are fearful. And point in case was Dogecoin right when Dogecoin hit what like 90 cents or something like that there was so much greed and there was so much enthusiasm and at the time that's really the time you should really start taking profits when there's a lot of fear in the market that's when projects are on sale that you really believe in and you know I'd like to ask you a little later what what projects you really believe in in this bear market but I can I can say wholeheartedly that there are projects in my portfolio right now that is making me money in this in these market conditions now imagine when we inevitably hit that bull run it's it's just gonna be it's just gonna be crazy and so I really do believe that there are projects currently right now and we can touch on them a little later when we start talking about our portfolio that there's projects right now that can make you money and people don't understand that there's either people that are just really they don't want to they think it's too good to be true or it's a scam and then there's others that that want to explore other opportunities other possibilities and those people that are taking that risk that are really taking the time to immerse themselves in DeFi space really learning the craft there's a lot of people making money in these market conditions right um what about you I mean what are you know I I tune in absolutely to to your show James so I know you're making money in these bear markets yeah uh well what I've found really helpful is as we've gone to the you know when we were in the bull market like I remember back in October any project you could get into literally any project and you would make 2x and it was like it was so easy it was so easy being a YouTuber because it was literally like you put money into anything and it was just launch everything was launching all the time and it it really seemed like you couldn't lose like it was like man I'll just put money here and as the market started to go down we're starting to see no there are some projects that are going to stand the test of time and there's some projects that will only work when the market's going up and so I think it's going to take for people who are newer to DeFi which I'm actually fairly new to DeFi I mean the whole space is fairly new so I mean everybody's kind of shift to be like okay it's it's not going to be in every project is going to do great it's going to be what are long-term projects that I believe in and you are going to see those start to come up to the top as the bear market continues if it continues so in some ways I'm thankful for the bear market because as it's going down we're starting to see some things are starting to rise to the top some things are falling off very quickly and then it shows you okay well that's not a long-term play that's not a long-term play so yeah it's I do believe it's possible to make money but you have to really learn from your mistakes so one thing that I've learned is diversification is it's never good to put all your money into one basket and be like oh that's going to be the winner just because none of us are fortune tellers and you just don't you know like my portfolio was probably 80 percent drip two months ago and even drip you know has kind of gone down as the markets have been down and so what that's done is it's I'm making about the same amount of money I was two months ago but it's only 30 percent drip now and 70 percent other stuff so yeah I was the same way with strong I mean I went in pretty hard on strong I'm talking maybe 20 30 000 into strong it's like this is the greatest thing since the life spread I was getting in around December what was it like four five hundred dollars a token and I was purchasing nodes like crazy I was like this is life-changing and just like you said right don't put everything in one basket we you learn fairly quickly and you learn to adapt fairly quickly that no no project should be 100 of your allocation you can be very bullish and very confident in one of the projects but you still need to practice good investing strategies and that's diversification and if one fails other the others in your portfolio will pick up the slack and that's the way it always should be but I started the same way I started with strong went really heavy in a strong I'm talking like 90 into strong and obviously that went down and I was like wow that was eye-opening good thing I didn't like go balls to the wall and just take out mortgages on strong block but with that being said I want to make sure that you know I want I add too hard so I want to make sure that I do touch on this I do really really believe in the strong block team David Moss is an absolute beast his his team of engineers uh they have an amazing track record building being a part of the block one these guys are engineers they're creators and so I really am bullish on it yes they went from a migration from strong to stronger but that really didn't that just alleviated the self-pressure on the strong token and put it on the stronger token they still need to work on their blockchain which they're releasing they're releasing certain things now like the entangled nodes and stuff like that but I really am bullish on them I think things will start like you had said things will really start to differentiate themselves from others when projects like strong release their strong chain and all the other nodes kind of just fall off so yeah and I've just kind of yeah I trust the team a lot I think they've been uh slower moving than a lot of other uh DeFi things but what that tells me is that they have a long-term vision and so I'm trying not to get too stressed out about the short-term price action and yeah I'm just uh I'm thankful that I I took a lot of profits when strong was high and did diversify it and so yeah I was making I was making six or seven hundred dollars a day off scrolling at one point um and then now you know making hardly anything but I was able to take that six or seven hundred dollars a day and put it all uh into these different places so I'm still doing okay even that's so that's falling off yeah yeah yeah I have about I have about 20 20 strong nodes right now so what I do is I just save up because the gas fees are just so insane until they get to their stronger uh strong chain here the gas fees are so insane so I just save up all the way till the end of the month just pay the gas fees once uh claim it and then I think I took profits for the month of April it's around like 25 2800 dollars which I just reinvested other in other projects so yeah wait till they pop off yes totally um so CryptoDeFiDad does have a good point when you have so much money you guys have it is very easy to talk and invest in any project you want you need to give advice uh for investors that have only well a thousand k is actually a lot of money that's a million dollars so I think you mean a thousand um to invest or less um do you have any advice of how you would look at things differently if you only have a thousand dollars opposed to you know starting with more yeah yeah so in in my journey and you know I'd like to pick your brain a little bit as well and see what what you think about this is you mentioned drip right we see other projects out here that allow you to take advantage of what Einstein calls the eighth wonder of the world which is compounding interest so if you only have a thousand dollars you you have to start somewhere every single one of us started somewhere and so if you have a thousand dollars find a project that you really really like whether that's drip in my case you know the number one project that I have that's really really doing very well for me is Seifu find a project that you believe in you like the leadership you like what the company is trying to do and that you think will be around for the long term and it allows you to compound that one thousand dollars whether that's one percent every single day with drip or that's 2.28 percent with Seifu or even you know if you're really feeling like a like a true d-gen you can go for one of these minor games that does eight percent which I don't I wouldn't recommend but I would recommend something more tried and true like drip which has been around since April of last year and has been paying one percent every single day to every single holder or something like Seifu that's been paying 2.28 percent every single day that that's what I would recommend right start somewhere if you have a find a project you really love something that's tested the test of time in DeFi that is you know a month a year that is a long time to survive in the DeFi space so find something that you really like it survived the test of time and just put your thousand in there and keep compounding keep compounding right I know sometimes even as a day trader the most difficult thing to do is to take profits we all just want to compound all the time but like you said we need to start taking profits at some point and start recouping and taking the risk off the table so that's that would be my answer find a project that allows you to compound the one thousand dollars yeah no I totally agree another thing I often see people do that I just want to share my screen here real quick but I see a lot of people often chase the green so like what they'll do is they'll hop on and they'll say oh okay oh universe is up 18 percent and then they go buy universe which definitely don't do that I'm taking that out of my watch list actually they're they're gone but they see okay I'm gonna go buy these projects that are up today when it's actually kind of the opposite of how you want to be thinking through things you want to be you almost maybe not this but you almost want to be looking hey what's down but I believe in the future of and start going that direction instead and I often you know emotionally we want to buy things that are up so we're always looking up here for what's up right now and sometimes that's just not the right way to be thinking through it and I I see that happen a lot to myself as well yeah investing psychology is something that I'm actually really passionate about because like I said I did go through I'm an investor at heart and I did day trade as well and I said this in my last in my last video that you can learn day trading James you can learn day trading you'll you'll just purchase a book that's 250 pages you'll learn all the strategies but then right next to the day trading strategy book you'll have a 450 page book on day trading psychology double or triple the the thickness of a strategy book because it really is all about emotion it's all about psychology and it's very important that's why that's why Warren Buffett says be greedy when others are fearful because when people are fearful they're they're selling when they shouldn't be selling right these these markets have a natural cycle to them when it's low that's where the that's where the simple saying buy low sell high comes from but not a lot of people want to do that all they want to do is buy high sell low and if it was so easy everyone would do it but that's where you need to discipline yourself and really just implement those strategies those sayings that we hear all the time buy low sell high be greedy when others are fearful be fearful when others are greedy I know it's difficult when everyone is screaming bloody murder the markets are all red it's easy to succumb to those fears and those emotions those very real human emotions but that's where you really have to stay disciplined and you gotta stay true to your projects and if you really believe in the projects just block out the noise okay I do want to hear what projects uh so there's two two types of projects I want to hear about you from so let's start with what are some like more uh less we'll call them dgen what are some more dgen plays that you are excited about right now so these might be up and comers or things that you know they've they've not been around for a year but they are just launching what are some of those that you're excited about right now okay so number one 100 on my list and they have an amazing amazing community I'm not sure if you're in there or if you've heard of nodes all right so they're the second mover on the kronos chain crow nodes was the first mover on the on the chain and they made me um really really good money um I bought in really early when I was like two three dollars and you needed 20 crn tokens and I was able to purchase some really good nodes got my risk off the table and just kept cashing out kind of thing of course they're experiencing a lot of what the current overall market is experiencing right now but when I heard about kronos nodes I was like oh it's you know kind of like kronos right but it it's not it's not whatsoever they're they're developers their projects the things they're trying to do is really quite jaw-dropping so kronos is going to release as a node not a node as a service a defy as a service okay so yes you're creating nodes but um they're more of a defy as a service but then they're also releasing kind of like nfts as well so that's like that's two projects alone that we've seen other projects just deploy in itself then they're trying to create their own decks so they're creating crow swap and they want to be a major player on the kronos chain for a deck so they want to be like a pancake swap on on binance or joe swap on avalanche and so they're releasing their own decks called crow swap and even in crow swap all the things they're trying to release inside of that decks alone again is a project in itself they're releasing of obviously the ability to trade on the decks they're releasing their harbors they're staking they're farming they're creating their own um uh what is it their own oracle so it's whoever is funding kronos nodes they really believe in it because they are releasing kronos nodes and they're releasing their own decks and those two in itself is an absolute powerhouse i'm part of their discord and that community is very very it's a really really good community okay kronos nodes nice okay i'll uh i think they've reached out to me um and you know there's been so many node projects where you start to just kind of go all right whatever whatever but uh i'll have to uh maybe rethink that so no check check them out check them out for sure i i you know i've done my research i've kind of felt the same way it's like okay well nodes as a service or defy as a service where you know we've seen thor we've seen combed those those companies and those projects are still right are alive right now but obviously they're experiencing the whole market downtrend right but the way kronos nodes is really trying to approach this is they're trying to approach the fact that they can have revenue coming in instantly whether that's the ecosystem that they're creating with the decks as well as the nfts and and the nodes itself so really exciting stuff there what about you um so well i'm really excited spear finance is actually launching today um so that's a big one that i i really like elephant um dot money and so spear is kind of a fork but they're doing things a little bit differently um you know and there's been some well somebody asked about this let me scroll up somebody asked about this cotps bot uh i don't know if you've heard if people been asking you about that but i mean it doesn't look let me i'll show you guys what it looks like i'll probably do a video on it sometime but it's like so dgen you know where you start to like do i even want people to see what this is like i don't i want to promote this at all um but essentially it's a trading bot um i'll show you guys what it looks like it's essentially it's a trading bot that you put in money whoops and then but you put in money and then you get basically are getting like arbitrage and it's been making me i have 2 000 bucks in there and it's been making me i made 70 bucks yesterday on it that's not bad yeah and it's just clicking this button uh when your wallet balance goes back up and it just does like these arbitrage sales and for some reason it's all the rage everybody's been asking about it and so i just put in 2k and i'm trying it out so i can't recommend it because i don't totally understand what it's doing or anything like that but uh that's how the best dgen plays are you know it's like correct correct yeah i wanted to touch on that because that's where that's where i started learning about the current projects i have now is just keeping an open mind right when when i was in safemoon at the time the projects drift strong and i think there was something else i think it was uh tomb finance this was released in one of the twitter spaces and someone said that they're making a lot of money and no one batted an eye in there but i did i looked i was like well what's this right so i started checking it out i was like what's what's drip okay one percent every single day very cool what's strong wow you're purchasing nodes and it's just paying you that's really cool too and so it's simple it's simple exchanges like this where someone's like hey have you heard about otc uh cotps bot i was like no i haven't but now i will look into it right because that's that's the best way to do it you you have to take things with an open mind and and then of course that's where the whole i believe the skill comes in where you have to be able to do your own research do your own due diligence and if it's something that you think you can make money on put money like as a day trader you have to risk uh do your do your risks accordingly you can't just ape into it and put your life savings into a dgen play knowing that it's d it's it's defi right anything can happen so yes use your risk accordingly yes absolutely so i want to show i don't know if you've seen this but so i kind of have like my investments broken into these buckets and so like i kind of have the riskier ones over here on the right and then what i do is i use the riskier ones and these high returns to fund safer things um and this is kind of how like my philosophy around it so like this cotps bot that's making three percent a day is a dgen play like i don't know if it's going to be there in three months but i'm going to take you know the 70 bucks a day i'm making and maybe move it into a defi play which is you know still risky but not as risky as these crazy things and so what are some of those those that would be in this bucket here that would not be dgen but are maybe a little bit more stable but still not you know maybe not quite as safe as this bucket here yeah yeah so on my on your column h let me see what i would have in there i would have for sure drip drip is tried and true no one can no one can argue that that it's been around since april of last year and has yet to have to mint tokens they didn't even have to trigger that part of their protocol yet so obviously it's found a sustainable method and for those that got in a drip early last year all those whales would have sold out by now because of the 365 percent so drip 100 i still believe in obviously strong block i'm just taking my payments from strong block once a month i do have obviously seifu in there that's my number one performing portfolio and so let me open my seifu just so i can kind of get a good grasp for you here um finance smart chain okay account yeah so seifu right now is is you know and i always say this for inspiration purposes only right because it's important to let people know that that this is possible in the defy space this isn't like a flex but we're here you know i don't want to speak on path with you james but i'm here to help inspire other people to be able to hopefully quit their nine to five break those corporate chains of nine to five be able to do what you want with your life and defy has allowed both of us to really be able to do that and seifu right now is paying me four thousand one hundred sixty nine dollars a day so it's it's an absolute monster of a of a project and a protocol and i initially invested 16 000 in there and so it's really really done very well for me it's treated me very nicely and it's only been two months they just had their two month uh anniversary birthday sort of thing so i think they have a long road a long successful road ahead of them they just created their racing team uh which i'm going to be part of i'm going to be vlogging it so i got invited to the uk and you didn't aim it with brian didn't you i did i did yeah after the surgic audit i just wanted to give him like a chance to you know clear the air and all that and yeah it was uh fun talking to him yeah yeah the the surgic audit obviously i don't want to put too much light into that that was just an interesting whole situation that happened it was really really really interesting if you think about it from a you know if from an unbiased point of view and you look at it as a professional investor and a professional company it's interesting what surgic did and this is just of course my opinion with the whole thing because if surgic is supposed to be unbiased in terms of who and what they they review and audit if they had an issue with the code of any project not just safe of any project if i was a ceo if i was a developer of that and you were the project reaching out to me i would reach back out to you james i'd be like hey james can you explain line blah blah of this code i want to go straight to twitter and tweet and go public with the issues i have that i think that's where i lost a lot of respect and that's where i lost a lot of you know it's just uh an eyebrow razor if you're a professional company an unbiased company you would reach out to the owner of the company of the project the ceo and not go straight to twitter and go public with it it just it just was very an odd an odd way to handle that yeah and i think sometimes sometimes uh the well if somebody somebody from certix on here i'm sorry but sometimes um you get in kind of panic mode where it's like oh we put the stamp of approval on this company and then now we see a red flag and so then you like want to distance yourself as quickly as you can in case something you know if you've put your stamp of approval then they end up rug pulling your i mean you're done as an auditing company it's going to be the end and so i think they just wanted to panic mode hey we got to distance ourself in case something bad happens here and then yeah i'm not realizing well hey that's gonna put you know a lot of backlash on the project um that you might have been able to solve more amicably yeah yeah but yeah no so so in terms of like my number one performing it's it's hands down seifu it's it's been absolutely insane for me like four thousand one hundred sixty nine dollars a day if i wanted to just live off this i i can as long as the project continues to survive right that's that's amazing life-changing money for a lot of people so that's awesome yeah i i have 20 i put 2500 bucks in seifu but it sounds like maybe i need to put put in more uh what it sounds like so for this bucket it sounds like we were both in agreement drip um i would probably put strong in there maybe uh yeah yeah strong strong right now is in there if we're talking about the crypto j curve where it went through phase one the initial hype and then it died down on phase two it's kind of like flatlining a little bit i would say strong right now is in that phase two where they're developing they're trying to push through and launch their strong chain and then eventually we'll see that phase three where it starts to really rocket and and moon and projects get built on top of the strong chain right now it's earning okay right like i said i maybe took a 2500 payday uh once for the month of april from all from my 20 nodes in strong block but yeah uh drip 100 is is my second is my second play so drip and seifu together has been already life-changing for yeah absolutely and then other things i would put on there and i put a link to my video my top 10 projects but emp.money is i really like the tomb forks and uh so that one's tied to the price of ethereum so you know if ethereum crashes that might not be the best play but while it's you know ethereum and bitcoin have basically just been going flat for quite a while and i expect they will go up so emp.money i really like bomb.money i really like great finance is a tomb fork that's pegged to a stable coin so that's really fun because it's a stable coin you know it's pegged to mim so and then i like elephant money which is kind of similar to drip a similar feel spear finance coming out but let's move over one other column so these are ones that i would consider um more like a savings account where they're they're safer plays where it's like okay i'm you know getting my defi and dgen plays that could go away um you know like titano is one that was in my defi play it was making me 400 bucks a day and then now it's making 60 bucks a day and um it just kind of is what it is so what would you have in your bucket for these like safer plays as you work your way up this way yeah so uh column g i have the same exact thing as you do so it's it really is fun because i did release i don't know if it's my last video or a second video but how i allocate my funds and it's very very similar to yours right you take your risk your plays your dgem plays that you make money and you put it into something more stable and of course stable is subjective whatever you think is stable because bitcoin can still be volatile for some people but i do the same thing right so after i take column i and column h i will i go ahead and put more long-term projects that i believe in in this case it would be bitcoin i love bitcoin um also my boy stone pipes i did an interview with him he's he's one of like the twitter influencers guy is an absolute monster james i don't know if you've seen him he makes like i don't know well he he's officially tweeted it so i don't think he minds but i did the math on all the and he was making like 800 000 a month the guy's an absolute monster and that inspires me to be like okay okay i need to do something like that like what else can i do to get to stone pipes level but he showed me a constellation dag have you heard of constellation dag okay okay yes oh yes so i have made it a point to make to take a lot of my column i and column h and really fund my constellation dag for this month and i want to be able to have the 250 000 dag tokens to make a soft note because there's a lot of word around that they're getting ready to launch in their main net so constellation dag which is a layer zero if people don't know about it it's it's really incredible what they're trying to do there is a youtube video out there that explains constellation dag in 15 minutes and so it's a it's a lot to absorb but when you watch that video you just get really bullish on it i've watched it maybe three or four times and i just wanted to load more constellation in there i also absolutely have yield nodes a lot of my bitcoin is in a hardware wallet is in a cold storage but i don't like all of it just sitting there doing nothing right so i do put i allocate some into yield nodes and that has been a consistent beast in its own i mean what what did we what did it pay out last it was like 7.8 percent or at 7.2 i think i think uh for april it ended up being 8.2 i think yeah which is amazing it's amazing and so um and then i'm not a part of anchor protocol i hear really really good things about anchor protocol but uh column e yeah i have some real estate i have some rental portfolios in the carolinas as well as chicago i would like to really expand more into commercial real estate and so eventually when a column i h and maybe g can can pay for a nice commercial property my girlfriend is a is a cosmetologist and she would love to own her own kind of like suite where you know her own salon where she can rent out the suite so it'd be cool to knock out two birds with one stone where she gets her suite and i can own the building kind of thing but yeah that's that's down the road so that i follow kind of like the same blueprint as you do i just am trash when it comes to excel i don't have anything in excel like you do you have everything down to science mine's all in my head like i think i have x amount in this and b in this but yeah you you have yours very nicely laid out well i do that just for my videos it's not this well laid out until i make a video on it um so yeah it sounds like we're very like-minded on that so yeah yield for those of you who aren't familiar it's been making you know eight percent a day for 20 to 30 months now um so that's like a crazy history in defy and that's a crazy return um and then zion financial is one that i have been using zion finance um it's one that i've been using kind of similar to yield nodes they get their return from precious metal crypto real estate um and it's similar return to yield nodes so i kind of use that in this bucket um one that i just did a video on just did an interview with them was a btc proxy which yeah yeah which is very interesting um it's uh basically now some people are uncomfortable because you're giving custodianship of your bitcoin to a third party which in some ways defeats the purpose of bitcoin in some ways um but it's getting 115 percent apy on bitcoin so like for me i don't have it all here but i was holding on to two bitcoin or so and it was making nothing and so then i was like and when bitcoin the price was going up i was okay with that but as it's been down i'm kind of like man that's like you know a hundred thousand bucks that's just sitting there not making a return and uh so but the dgen in me goes to something like this um and then as i work my way this way along i just wanted to show people this so i have four uh these are dca bots on kucoin where it's basically i'm buying 500 bucks of bitcoin every day i'm buying uh 250 of dag every day which is constellation what you were talking about um i buy 250 bucks of flux every day and then i actually added another dag um from talking to stonepipes i was like i'm gonna buy more dag so i have a second uh dag bot running and of course they're down right now except for uh flux is actually way up but um i actually like the price of dag to go down because it's 250 000 tokens to um get a node and that site is like 30 000 bucks did you see how many soft nodes stonepipes has uh how many does he have now six soft the dude is a monster yeah he he is him and uh i'm in a chat with him and crypto sensei and they're both they're like yeah i got my uh fifth dag node set up today and i'm like well here we are we're like let's get our first one james well and i uh i have you know i have my journey to 10k a day in passive income and i remember crypto sensei telling me oh yeah you once you hit uh you know your hundred thousand dollar days that's when it gets really crazy it's like okay that'll be my next uh my next hundred thousand dollar days oh my goodness yeah well and they they've uh they've all been in big into these nfts recently which i haven't gotten much into yeah like moonbirds they were all minting moonbirds and i was like i don't yeah i i will say i'm very weak when it comes to nfts and metaverse uh in terms of like let's say we're talking defy space in general metaverse and nfts that's a weaker area for me for sure but yeah i mean if they're making a killing on it it's maybe some time for me to start immersing myself a little bit in it and see let's see if we can make something happen i mean yeah these these were selling for three hundred thousand bucks a piece and i just don't like it just doesn't make sense to me i you know i don't get it three hundred thousand for that oh yeah it's these these owls like i just don't it's not the right space for me but hey i mean if they're making three hundred thousand an owl maybe it is something that you and me should definitely start looking into yeah well we'll see we'll see maybe i'll venture into that um let's see people are asking for a link for constellation yeah let me see if i can find a link i have an ama coming up with um the founder of constellation so i'm really excited about that it was really hard to work into his schedule but yeah he's very he's very smart i've listened to a whole bunch of his talking points and he's an he's very very smart that's awesome that you got to land that i was trying to land one with um with strong block with david moss and they're just so so tough yeah it's very it's very hard to get in touch with him um but you know one thing uh so for dag like i think it's not going to be a passive income for now it's not going to make you know it's going to be in oh i closed my uh browser it's going to be in these buckets here where you're not going to make much of a return for now like you might lose money if you saw my trading bots i've lost money on all my dag bots um but it's a long-term play so i'm looking ahead 10 years they have a contract with the department of defense yep and when you get the u.s government involved then you know it's not going anywhere because they have unlimited amount of money so that's a long-term play for sure and same with flux i'm looking that as a long-term play i want to get a few flux nodes going and that's kind of a longer term play your friend uh your friend andy really loves those flux nodes he does that's what got me on to it i told him if you try some i will try some of your uh flex nodes and uh have you um have you looked in a pre-search yes yeah i i'm not totally sold on it um he might convince me though uh if you're also in on it maybe i you know it's so cheap right now so cheap you can part you can get a pre-search node i just added one and i'm going to add probably another five or so today you can get one for 266 dollars and it's one of those where just like andy had said right when he was purchasing flux nodes they were making him nothing and then boom it it mooned right and everything that he was sitting on was eventually worth hundreds of thousands of dollars and pre-search i feel like is going to eventually do the same thing because they're about to go live with their main net as well and so as of right now you're earning close to nothing but if you know pre-search continues its partnership with all these companies i saw that uh europe android phones is going to come built in with pre-search so that's a piece of news that made me really bullish on it and because it's so cheap putting in five maybe ten pre-search nodes would be close to nothing in terms of what you and i have been kind of investing in in terms of other other plays and so this is one that i actually heavily use in my personal life where i just have pre-search installed on all my mobile phones and all my laptops i use pre-search 100 so 266 bucks you can't beat that to build a node yeah that's true that's true okay well you saw i i saw i just added a task to get a pre-search node so and it's nice you can you can purchase it straight from kucoin so okay yes uh and then uh somebody was asking where to get dag too and also the same thing you can just go buy it on kucoin um that's where my bots are at that are just vca and for me like thirty thousand dollars when the price is so fluctuating on dag it didn't make sense for me to go hop in there and just buy thirty thousand dollars worth of dag so i'd rather dollar cost average in just to make sure i'm not getting the bottom not getting the top just kind of buy it at whatever it's at and i'm probably going to do that beyond one node like i'll just keep going and yeah the room for the upside for dag is is really really there i really believe in in their team right same thing what we're talking about you know i believe in the constellation team and i believe in what they're what they're about to do layer zero as well as what they're trying to solve and like you said the military contract right yeah absolutely i wish and i think it's eventually going to happen but i wish that they partnered with a hardware wallet so i can get myself off of kucoin and onto their stargazer wallet but at this moment i do the same thing you do i hold mine in coupon because i don't want it anywhere where it's it's a hot wallet so yeah well and i found i so often i'm needing new coins and kucoin is just a good hub for me to move everything around to where i want it i was nervous they had that kucoin exploit a couple months ago i don't when when i can but it's a good it's a good hub just since they have access to everything i agree yeah so well i can't stay too much longer i'm supposed to get lunch with somebody here at 12 p.m central time that's i'm lincoln nebraska does anybody have any questions anything that they would like us to chat about before we go i feel pretty good i feel like i got a good gauge you made me uh more bullish on seifu um and i brian is a smart guy for sure yeah yeah he's he's a master in in marketing i think that's where he really excels right and he's moving lightning speeds uh you know the racing team within two months since ico and now he's talking about you know the airlines that's going to fly all around uh what do you say australia at first and then he's looking to he already applied for citizenship in satoshi island looking to headquarters seifu in satoshi island he's got a whole bunch of crazy things he's given away a tesla this month so i mean he's he's been doing a lot of crazy things and i really do believe in what he's trying to do in terms of uh marketing seifu in the general world that isn't defined i think his goal is eventually a formula one two which would be i well and that's what i like about him is that he's doing so like he's doing things other people aren't doing so i'm tired of forks that are just like the exact same thing not doing anything different and that's that's what i like about seifu somebody's asking if i hold seifu i do i have 15 seifu so i don't not a ton i was in kind of late too personally i'm not big on the auto compound projects um just because um seifu might be a little different because of how crazy they're going with their marketing and stuff and brian is like just doing some really unique things but i don't like when projects people are holding so many tokens and can just sell whenever because that's what we saw with titano here is they like people were holding on to too much and then when they're ready to dump it can dump really hard yeah well to give you a little bit more confidence in that that's why he has the fire pit uh protocol which combats the the minting of the tokens the fire pit as that continues to grow and that was the major pro that was the major uh issue that surgic had with it was the fire pit which was a regular wallet but it had to be a regular wallet so that it could collect rebases as well so that it can eat circulating supply to combat the minting of tokens right and that's why it's a little different than than your other auto auto staking like libero and titano and stuff like that and someone did mention i i completely forgot yeah he's he's already funded he took money out of the treasury brian did to fund and start the process to create the seifu blockchain so i mean you know he he's he doesn't mess around and and i like his answer in one of his amas where he's like well what are you trying to do already because brian already has money so they're like what are you trying to do here and he's like my goal is to print millionaires and i think he really is trying to do that right he he's already got money uh he's here to make a statement kind of like what forex is doing right forex doesn't need to continue doing this stuff i mean the whole animal farm and stuff like that but he's here to make a statement as well he likes doing it and those are those are leaders i can get behind and those are projects i can definitely believe in so yeah totally agree people are asking about drip garden uh once once they get all the animal farm stuff worked out hopefully this week i've got 16k that's just sitting there paused in the animal farm and so i'm looking forward to that all working out i think piggy bank will be good support for the drip protocol as a whole yeah um yeah that that's a different that's a different story in itself because i do have my whole drip and animal farm ecosystem going around as well so yeah once that once that unlocks that'll be that'll be a good one to get back into yeah and then a couple other people are asking about i don't know are you familiar with piston token so that's a piston token is a kind of a drip um fork a little bit so it's kind of the same idea but you can nitro which is recompound or you can claim out so it's kind of the same idea as drip um i do you can see i do have a bid in there i have like three thousand bucks in there um i'm not super big on it i do have an ama with the team sometimes after those i get get uh more bullish on things yeah no i i saw piston from uh crypto talk uh the other content creator and he he's really he was the one that really got me into drip when i saw a lot of his videos he was making like 10 he was printing like 10 to 20 000 a day from drip but obviously he's been there for a long time compounding and i was like okay this is really where the power comes in and that is my goal is to have what what crypto talk had so i think he did uh pitch piston one time but at the time i at the time when i saw it i didn't want to over leverage myself too wide right i already had drip which was already a tried and true for me but if people are really recommending it and you have um i'll probably tune into your ama and see what what they say if they make me more bullish as well but i'll take a look at them for sure yeah i mean forks are so easy to do where it's hard to know like all right so are you gonna do anything different or is it just um you know like well we had splasive which you know had the big half the big exploit um so drip's been around for so long where it's hard to uh you know it's hard to not just hop into that like that's like yeah it really is and and the whole the whole partnerships that they're doing and the ui upgrade i think drip is definitely well overdue for a ui upgrade and so that's gonna look amazing once once they overhaul the ui on drip and animal farm the chain link partnerships the pancake swap partnerships with drip you just can't deny that it is the tried and true protocol for the one percent compounding uh and and people i know people feel like they're late into these kinds of projects but they have to realize that whatever you put in of course it's it's based on the value of the token but whatever you put in will still be making one percent compounded so i'm a believer of them i'm a believer of forex he's he's here to make a statement in the defi space yeah and one thing one thing i want to show about drip let me just bring this up real quick because i just thought this was interesting because people have been talking about oh the price is way down um which you know it it is hurt and if you look at this chart that's not really what you want to see but if you look at this chart like people who got in november october you know they've just been making this one percent through this whole time and now they're like if you did some of my spreadsheets about like what what are you going to look like in six months if you use drip those spreadsheets are like dead on um for for where we're at right now if you started in october you're exactly where those spreadsheets said you would be making one percent a day now if you bought here then yes you're not necessarily as happy but who knows i mean forex just announced today that he has uh he's uh working with a crypto youtuber out of china to discuss getting chinese investors into drip i mean there's a lot of chinese investors um yeah he says they're working to push the new ui right now so they got some big things coming on so yeah that's amazing and their partnership with betfury as well so that i think there's a lot going on here and what people don't understand is if this if you look at this graph with the drip and you just treated it as like a dogecoin a buy and hold you would be down or you'd be break even but the power comes in with the one percent compounding if even if you bought in um let's say i'm looking at your thing here let's say around december right when it started to initially start to spike and you just kept compounding wrote it up and that's down now you would still you would still either be up or break even as opposed to a normal traditional buy and hold you would just be either break even or or down now so yeah no totally true it'd be cool to make it sharp maybe i'll do a spreadsheet of price action with the one percent you know and kind of see where um because there is a portion of people who are going to be down in drip um but again that doesn't we don't know what drips can do in the future like there's a big chance it could go back up i mean there's a chance it could go down too we just we don't know exactly but yeah yeah it looks like this guy is real happy with drip drip go to zero got a lot of internet trolls well as we close up here i'm heading out to lunch uh what videos do you have coming up what's on your agenda here in the short-term future uh in the agenda i'm not too happy with the crypto.com card slashing the reason i say that is because i use crypto.com heavily in terms of how i take profits in the defi space it's so easy to let's say take profits from seifu or drip convert it to binance send it to crypto.com and either top up my card or transfer it to fiat so i use crypto.com heavily in terms of on-ramp off-ramp i use kucoin for a lot more exchanges in defi spaces for like pre-search and strong well stronger and dag and stuff like that but crypto.com i use heavily and i do have their indigo blue card so when they slash those rewards i was like that's not cool but they did release i think the ceo did release something that they are looking to implement the staking rewards back which lessens the blow i think they did too much all at once and there was really a lot of negative blowback from that so i'll probably cover that video and and try and ease people's minds because i'm definitely not happy about it because like i said it's easy to take profits from seifu or drip or strong or all the other plays that we're talking about send it to crypto.com and top up my card and spend it on like chipotle or something right but it becomes a different story when that card is no longer viable so i'll have to reevaluate uh after all this but i'll probably be creating a crypto.com card but yeah what about what about you just you're stacked with amas man i know well i'm trying to do the amas as lives and then recorded content more we do have a lot of people asking about this i wondered how people were going to react to this cot ps bot thing i need to look into that yeah i might i might do a video on how so basically you can uh when you come in here you go to mine and you can recharge and deposit usdt on trc20 so there's no fees basically and then you just have to every two hours you come in here and just click this button and i actually have a script that's running that automatically clicks this button every two hours so i might do a video just showing how i set that up but extremely dgen okay this is the most in that right column on my spreadsheet that you could possibly possibly be um and i've only been in it for one day okay so but i know but you're able to you're able to cash out 70 bucks yep exactly chipotle so i'm doing that um also emp money um just released straight ethereum staking um at a 76 apr 100 apy and that's just straight ethereum you put in there and get 76 apr so that's kind of unique i'm not seeing anything else that you can uh do something like that um and somebody said that cotps is a ponzi yeah that wouldn't surprise me um so i'll just make my money get out and i mean i you know honestly i don't really care for for the dgen bucket i don't really care if it's a ponzi or not um blueprint or retiring i don't really care for things that are making 40 percent a month i don't necessarily care if they're a ponzi because i'm not looking to be in it for a year i'm looking to be in it for a month and a half and get my money out that's how i look at these minors um you know uh the ones making eight percent a day that we talked about earlier is i'm not if it's making eight percent a day i do not expect it to be there for a year for sure yeah i'm part of uh one minor and i don't even want to talk about it because it's like you said it's just pure dgen and i you know you tell people so many times do your own research like this is a dgen play and yet they'll do they'll hop in on it without doing any research and then you'll get the blowback and so i don't even talk about my minor games yeah yeah i i did a video on here are four stakers that you could get into and i had a lot of negative feedback and um one of them what was oh there was did you ever see the seinfeld staker where was that at seinfeld staker i wonder if it's still going or if it died but yeah this was oh it's dead oh see that's the problem with them right they uh they they died but it was uh like you could get a jerry node or it was it was pretty funny yeah yeah definitely on i caught caught ps is probably a ponzi i mean i it would not surprise me i've not researched them indefinitely but people were asking how you get involved so there you go yeah yeah you still you still have to have your risk properly and and that's the thing right and if i if i were to kind of talk about day trading and and defy all in the same thing day traders they don't even know half the time they don't know the stock they're trading but it doesn't mean that you can't make money off of it they trade penny stocks all the time those are super risky but they can make money off of it same with the dgem plays they are very risky but it does not necessarily mean you cannot make money off of it but you have to hedge your risk properly right you can't just ape into it just like a day trader can't can't just keep into a penny stock and hope that it rockets but not actually it just reverses on them and they lose everything you the the key to this is your profit to risk to ratio profit right it has to be correct i've seen day traders with like a 30 percent win rate and they are still in the six figure seven figures because they know how to hedge their risk properly they take their losses early and they take their profits when they want it's a skill that i think people people really need to learn for sure yep absolutely well hey this was awesome man i appreciate i appreciate you reaching out and i appreciate you hopping on i thought this was good it's it's cool just to um i think we're very like-minded on things and so then that just kind of helps me be like okay good i'm going the right direction uh with the things i'm doing um so yes i appreciate your time man and hope you have a great rest of your day thank you so much for this opportunity james thank you yeah and audience we love you guys and this would be way lamer way more lame if you guys were not here it was just me and rj it's still be fun we just be talking shop yes but it's uh nice to be able to uh talk with you guys and see your your questions and what you're thinking in uh thinking up so appreciate you guys and help everybody has a good rest of your day